N.J. gas prices continue sharp decline

Motorists continue to see sharply lower prices at the pumps in New Jersey.

AAA Mid-Atlantic says the average price of a gallon of regular gasoline in New Jersey on Friday was $3.34, down 7 cents from last week. That's also much lower than the price from a year ago, when motorists were paying $3.76.

The national average price was $3.42, down 7 cents from last week. That's also much lower than the national average from a year ago, when motorists were paying $3.80.

Analysts say the falling prices are mostly due to falling crude oil prices and easing tensions in the Middle East.